ASIA ENTERPRISES chart

Last update: 2022-12-23
Key statistics and financials
Revenue per share 0.14
Dividend & Yield0.01S$ (5.41%)
Beta 0.71
Market capitalization 50.49M
Operating cash flow -387k
ESG Scores unknown

Company description

Asia Enterprises Holding Limited, an investment holding company, distributes steel products to industrial end-users in Singapore, Indonesia, Malaysia, and other regions in the Asia Pacific. The company's products include shipbuilding plates/high tensile plates, hot-rolled plates/chequered plates, wide-flanged beams, bulb flats, channels, equal angles/unequal angles/inverted angles, round/square/flat bars, hollow sections, seamless/ERW API grade pipes, and serrated galvanized gratings. It also offers processed steel materials comprising cold-rolled, electro-galvanized, hot-dipped galvanized, and stainless steel coils/sheets, as well as hot-rolled pickled and oiled coils/sheets. The company serves customers primarily in the marine and offshore, oil and gas, construction, manufacturing, precision metal stamping, and engineering/fabrication industries. Asia Enterprises Holding Limited was founded in 1961 and is based in Singapore.

Sector: Basic Materials - Industry: Steel

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -232k -909k -489k 2.46M
Total Cashflows From Investing Activities -3.4M -4.21M 1.71M -4.14M
Net Borrowings -643k -643k -515k -470k
Total Cash From Financing Activities -1.79M -2.78M -2.3M -2.46M
Change To Operating Activities -3k -3k -3k 3k
Issuance Of Stock
Net Income 1.72M 680k 525k 3.73M
Change In Cash -8.42M -1.38M 3.75M -6.89M
Effect Of Exchange Rate
Total Cash From Operating Activities -3.23M 5.61M 4.34M -297k
Depreciation 2.16M 2.92M 2.82M 2.73M
Change To Account Receivables -1.59M 1.26M -7k -401k
Other Cashflows From Financing Activities -80k -434k -82k -282k
Change To Netincome -1.14M -956k -424k 1.48M
Capital Expenditures -136k -52k -29k -198k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 1.38M 545k 500k 3.98M
Net Income 1.72M 680k 525k 3.73M
Selling General Administrative 7.51M 7.18M 7.43M 7.09M
Gross Profit 7.91M 6.98M 6.83M 10.55M
Ebit 391k -271k -668k 3.47M
Operating Income 391k -271k -668k 3.47M
Interest Expense -314k -314k -296k -311k
Income Tax Expense -134k 40k -25k 257k
Total Revenue 37.82M 40.24M 42.78M 35.41M
Cost Of Revenue 29.91M 33.27M 35.96M 24.86M
Total Other Income ExpenseNet 987k 816k 1.17M 517k
Net Income From Continuing Ops 1.51M 505k 525k 3.73M
Net Income Applicable To Common Shares 1.72M 680k 525k 3.73M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 5M 14.29M 14.85M 17.7M
Total Stockholder Equity 93.58M 95.31M 94.13M 96.15M
Other Current Liabilities 281k 497k 287k 1.21M
Total Assets 103.77M 109.6M 108.97M 113.85M
Common Stock 58.86M 58.86M 58.86M 58.86M
Other Current Assets 11k 11k 15k 86k
Retained Earnings 34.29M 36.01M 34.83M 36.85M
Treasury Stock 437k 437k 437k 437k
Cash 48.81M 47.42M 51.17M 44.28M
Total Current Liabilities 4.4M 4.03M 3.64M 6.94M
Other Stockholder Equity 575k 575k 575k 575k
Property, Plant, and Equipment 20.68M 28.65M 27.25M 24.71M
Total Current Assets 77.7M 75.36M 75.36M 81.04M
Net Tangible Assets 93.53M 95.26M 94.08M 96.1M
Net Receivables 8.68M 7.41M 7.36M 7.71M
Accounts Payable 4.12M 3.02M 2.6M 4.59M


Insider Transactions

Here are the insider transactions of stock shares related to ASIA ENTERPRISES:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Lee (Yih Chyi)Purchase at price 0.14 per share.D2015-08-31Managing Director25k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to ASIA ENTERPRISES. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on ASIA ENTERPRISES

Here is the result of two systematic investment strategies applied to ASIA ENTERPRISES. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on ASIA ENTERPRISES

The following chart shows the equity curve of the two systematic investment strategies applied to ASIA ENTERPRISES:

ASIA ENTERPRISES automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -1.23% on the backtest period.

Performance at glance

Performance

-1.23 %

Latent gain

-36.95 S$

Invested capital

2999.93 S$

Annualized return

-0.23 %
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Momentum strategy results on ASIA ENTERPRISES

This is the result of two momentum investment strategies applied to ASIA ENTERPRISES. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on ASIA ENTERPRISES

The following chart shows all the entries opened by the momentum investment system on ASIA ENTERPRISES:

ASIA ENTERPRISES momentum entries
  • The first momentum investment strategy would give -0.94% of return on ASIA ENTERPRISES. That represents -91.5S$ of latent gain with 9750.02S$ of employed capital.
  • The second momentum investment strategy would give 2.58% of return on ASIA ENTERPRISES. That represents 148.18S$ of latent gain with 5750.34S$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-0.94 %

Latent gain

-91.5 S$

Invested capital

9750.02 S$

Annualized return

4.42 %
Performance at glance (2Q Momentum)

Performance

2.58 %

Latent gain

148.18 S$

Invested capital

5750.34 S$

Annualized return

0.54 %

Momentum equity curve on ASIA ENTERPRISES

The following chart shows the equity curve of the two momentum strategies applied to ASIA ENTERPRISES:

ASIA ENTERPRISES momentum equity

Note: the dividends potentially given by ASIA ENTERPRISES are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ASIA ENTERPRISES

The following chart shows the employed capital evolution of the two momentum strategies on ASIA ENTERPRISES since the beginning:

ASIA ENTERPRISES

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250S$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000S$.


Buy the dip strategy result on ASIA ENTERPRISES

Buy the dip entry openings on ASIA ENTERPRISES

ASIA ENTERPRISES

The performance achieved by the robo-advisor on ASIA ENTERPRISES is 14.42%. That represents 144.25$ of latent gain with 1000.11S$ of employed capital. The following chart shows ASIA ENTERPRISES stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of ASIA ENTERPRISES, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

14.42 %

Latent gain

144.25 S$

Invested capital

1000.11 S$

Annualized return

4.42 %

Equity curve of the strategy applied to ASIA ENTERPRISES

The following chart shows the result of the investment strategy applied to ASIA ENTERPRISES:

ASIA ENTERPRISES

Note: the dividends potentially given by ASIA ENTERPRISES are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ASIA ENTERPRISES

The following chart shows the employed capital evolution since the beginning of the investment strategy on ASIA ENTERPRISES:

ASIA ENTERPRISES

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on ASIA ENTERPRISES

In this section, I will compare the three previous investment strategies applied to ASIA ENTERPRISES.

Equity curve comparison on ASIA ENTERPRISES

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

ASIA ENTERPRISES investment strategy comparison

Employed capital comparison on ASIA ENTERPRISES

ASIA ENTERPRISES investment comparison

Performance comparison on ASIA ENTERPRISES

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -1.23% -36.95S$ 2999.93S$ -0.23%
Momentum 1 quarter -0.94% -91.5S$ 9750.02S$ -0.19%
Momentum 2 quarters 2.58% 148.18S$ 5750.34S$ 0.54%
Non-directional 14.42% 144.25S$ 1000.11S$ 4.42%
Annualized return comparison

Automatic investment

-0.23 %

Momentum 1Q

0.54 %

Momentum 2Q

0.54 %

Non-directional

4.42 %

Correlated stocks

Here are the most positively and negatively correlated stocks with ASIA ENTERPRISES:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between ASIA ENTERPRISES and the other stocks. There may be false positives or some missing correlated stocks. If the price of ASIA ENTERPRISES does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name ASIA ENTERPRISES
Country Singapore
City Singapore
Address No. 3 Pioneer Sector Walk
Phone 65 6223 6377
Website www.asiaenterprises.com.sg
FullTime employees
Industry Steel
Sector Basic Materials
Exchange XSES
Ticker A55.XSES
Market www.sgx.com

ASIA ENTERPRISES ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown